Recently, the policy attitude of the United States in the field of encryption has undergone significant changes, signaling support for innovation; however, this does not mean that regulatory agencies have completely relaxed their controls. This shift may create a more favorable development environment for Bit.

In terms of regulatory policy, the U.S. Securities and Exchange Commission (SEC) launched a "Crypto Project" on August 1, 2025, aimed at reforming the regulation of encryption currencies. This project covers five main areas: issuance regulations, custody, super applications, decentralized finance (DeFi) systems, and innovation exemptions, clearing some institutional barriers for the financial market's transition to blockchain technology.

At the same time, on July 19, 2025, a bill regarding stablecoins was signed. The bill requires stablecoin issuers to comply with anti-money laundering regulations and to hold sufficient reserves to enhance consumer protection and improve compliance. In addition, on July 30, 2025, the U.S. government proposed a national strategy for digital assets, placing encryption technology alongside railroads and the internet as key technologies, highlighting the importance of maintaining global leadership in this field.

In the Bitcoin market, on January 10, 2024, the SEC approved Bitcoin ETF applications from 11 institutions, including BlackRock and Fidelity, further confirming Bitcoin's asset properties and enhancing its status in the mainstream financial sector. As of the second quarter of 2025, U.S. listed companies collectively held approximately 131,000 Bitcoins, with MicroStrategy holding the largest amount at about 59,700 Bitcoins. At the same time, some Wall Street giants, including BlackRock, are also continuously increasing their investments in Bitcoin.

Despite the increasingly friendly policy environment, the cryptocurrency market still faces risks from changes in regulatory policies and severe price fluctuations. Investors must remain cautious and rational when making decisions. Although these policy changes have created a more favorable environment for Bit, it does not mean that regulatory agencies have completely abandoned their regulatory responsibilities or that the entire country is betting on Bit.

Overall, the policy adjustments in the United States regarding the cryptocurrency sector reflect efforts to seek a balance between support for innovation and regulatory demands. This balance may create more favorable conditions for the development of Bit and other encryption assets, while also providing greater protection for investors. However, the rapid development of this field and its inherent uncertainties mean that there may still be more policy adjustments and market changes in the future.